Head and Shoulders

NASDAQ:KLAC   KLA Corporation
A head and shoulders top is not valid until the neckline is broken with a confirmed downtrend.
It is not unusual for breaks of the neckline to occur before a clean break is made and a downtrend progresses. Price of often tests the support of the neckline.
Short interest is low at 1.06%.
Strong stock so investigate before you invest. Waiting for a clean break of the neckline can be paramount.
Larger orange type are possible targets 1. Smaller orange type are targets if price goes below targets 1.

No recommendation.
Comment: I will just sit tight!

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